TITLE

Munis Slip Further as Anothet ERC List Circulates

AUTHOR(S)
Curran, William; Scarchilli, Michael
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/16/2006, Vol. 356 Issue 32404, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the status of the municipal bond market as another bid-wanted lists from Employers Reinsurance Corp. (ERC) circulates in the U.S. A bid-wanted list of about $350 million from ERC and $566 million list out of an arbitrage account weighed on the market. Between those two and another rumored list, there will be decent pressure on the market.
ACCESSION #
21319270

 

Related Articles

  • Prices Slip a Bit Ahead of Heavier Week in Primary. Johnson, Anastasija; Curran, Bill // Bond Buyer;2/28/2006, Vol. 355 Issue 32328, p2 

    The article discusses a positive sign in municipal bond market as it started a more active week of new issues as a drop in new home sales was not sufficient to take tax-exempt and government bonds higher, after widespread expectations of more rate hikes by the Federal Reserve Board. The Bond...

  • Power Utility Mergers in N.Y., N.J. May Affect Muni Market. Whalen, Robert // Bond Buyer;2/28/2006, Vol. 355 Issue 32328, p4 

    The article discusses the influence of the mergers and acquisitions among New York and New Jersey power providers in the municipal bond market. The planned 7.3 billion acquisition of KeySpan Corp. by National Grid affected the market by roughly $804 million of KeySpan debt, also affecting the...

  • Munis Little Changed as Market Awaits Non-Farm Numbers. Curran, Bill // Bond Buyer;3/10/2006, Vol. 355 Issue 32336, p2 

    The article examines the status of municipal bonds in the United States as the market waits for the February 2006 non-farm payrolls report. According to traders, intermediate paper was slightly weaker during the midday of March 9 but improved by the end of the session. The author also examines...

  • California Bond Election Negotiations Begin to Heat Up as Deadline Looms. Saskal, Rich // Bond Buyer;3/10/2006, Vol. 355 Issue 32336, p36 

    The article reports on the ongoing negotiations in Sacramento as the deadline looms to place a major infrastructure bond package on California's June 6, 2006 primary ballot. Governor Arnold Schwarzenegger has outlined his infrastructure plan, proposing a spending package that included $68...

  • Munis Firm as Heavy Calendar Draws Bidders. Curran, William; Scarchilli, Michael // Bond Buyer;5/25/2006, Vol. 356 Issue 32389, p2 

    The article focuses on the status of municipal bonds in the U.S. Bidders are enticed into the market due to new bond issues including the one billion-dollar of Illinois State Toll Highway Authority bonds. According to traders, tax-exempt yields decline by two or three basis points as dealers...

  • Munis Continue to Weaken on Treasury Performance, $8 Billion in New Issues. Johnson, Anastasija // Bond Buyer;3/30/2004, Vol. 347 Issue 31852, p2 

    Focuses on the weak performance of municipal bonds in the United States during the March 30, 2004 session. Amount of new issues in the market; Total worth of Florida-based Miami-Dade County's aviation revenue and revenue refunding bond offerings on behalf of Miami International Airport.

  • MARKET SNAPSHOT: Monday, March 29.  // Bond Buyer;3/30/2004, Vol. 347 Issue 31852, p2 

    Presents a chart depicting the performance of the municipal bond market in the United States during the March 29, 2004 trading session.

  • Big Deals From Houston, Washington Should Boost Yields. Albano, Christine // Bond Buyer;5/17/2004, Vol. 348 Issue 31885, p6 

    Reports on the volume of primary market municipal bond deals in the U.S. for the week of May 17, 2004. Major deals from various states; Yields expected by investors; Pricing of deals; Use of proceeds from the transactions.

  • Slow Session Sees Munis Little Changed Ahead of Jobs Report.  // Bond Buyer;6/4/2004, Vol. 348 Issue 31898, p2 

    Reports that municipal bonds in the U.S. finished little changed on June 3, 2004, in muted trading as the market treaded ahead of the May employment report on June 4, 2004. Key issues of interest; Analysis of pertinent topics and relevant issues; Implications on the bond market.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics